8 Point Road, Virgin Arm, NL A0G1P0
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8 Point Road, Virgin Arm, NL A0G1P0
8 Point Road, Virgin Arm, NL A0G1P0
8 Point Road, Virgin Arm, NL A0G1P0
8 Point Road, Virgin Arm, NL A0G1P0
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Steve & Jen Wikkerink

Steve & Jen Wikkerink

+1(250) 540-4839
$ 69,900
Est. payment /mo
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Active

8 Point Road Virgin Arm, NL A0G1P0

3 Beds

1 Bath

820 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 820

Square Footage 820 sqft

Price per Sqft $85

MLS® Listing ID 1293297

Bedrooms 3

Year Built 1970

Property Sub-Type Freehold

Property Description

Investment Gold: Turnkey 3-Bedroom Home with Instant Cash Flow! Attention investors! Secure a highly desirable, well-kept 3-bedroom rental that delivers exceptional returns from day one. This property is a testament to solid maintenance and offers strong tenant appeal, making it a truly resilient investment. Key Investment & Property Features: Immediate Capital Flow: The unit is occupied by reliable, long-standing tenants who wish to remain, ensuring a seamless acquisition and guaranteed, uninterrupted income immediately upon closing. High-Demand Rental: The 3-bedroom configuration is a prime market segment, attracting stable, long-term tenants (families or groups) and commanding competitive rental rates. Tenant Appeal & Comfort: Tenants benefit from the cozy efficiency of wood heat, supplemented by reliable baseboard electric—a popular and cost-effective heating solution. Condition: The property is described as well kept, indicating pride of ownership and minimizing immediate maintenance concerns for the investor. Unique Bonus Amenity: A versatile outdoor wood shed/man cave provides extra storage and flexible space, adding significant value and appeal to the current tenant. Investment Highlight: This is a fantastic ""set-it-and-forget-it"" investment. It's a cash-flowing asset where the heavy lifting (finding and keeping tenants) is already done. Start earning immediately! Don't miss this chance to add a stable, high-yield asset to your portfolio. (id:24570)

Location

Province NL

Rooms

Kitchen 1.0

Extra Room 1 Main level 7.3 x 9.2 ft Bath (# pieces 1-6)

Extra Room 2 Main level 7.4 x 8.9 ft Bedroom

Extra Room 3 Main level 7.4 x 10 ft Bedroom

Extra Room 4 Main level 12.6 x 11.5 ft Family room

Extra Room 5 Main level 11.4 x 12 ft Kitchen

Extra Room 6 Main level 10 x 9.4 ft Bedroom

Interior

Heating Baseboard heaters,

Flooring Other

Fireplaces Type Woodstove

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Attached Garage No

Garage No

Private Pool No

Building

Story 1

Sewer Septic tank

Others

Ownership Freehold

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Listed by Outport Realty Inc. - Grand Falls-Windsor

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8 Point Road